It says its break -
even coal price is a commercial secret but it can make a profit even when prices are low.
Not exact matches
Coal prices in general were driven even lower in 2016 due to low natural gas prices and warmer - than - usual winter temperatures that cut down demand for coal as an electricity generator, according to the U.S. Energy Information Administrat
Coal prices in general were driven
even lower in 2016 due to low natural gas
prices and warmer - than - usual winter temperatures that cut down demand for
coal as an electricity generator, according to the U.S. Energy Information Administrat
coal as an electricity generator, according to the U.S. Energy Information Administration.
Not only that, it would have a cascading effect across the western Canadian economy, with
prices for commodities like copper, coking
coal (used to make steel girders for apartment blocks) and
even energy probably tanking.
Coal remains cheaper, but when you factor in the reduced capital cost (gas plants cost between a quarter and a third what coal plants of equivalent output do), the life - cycle costs point to gas, even in the absence of a price on carbon emissi
Coal remains cheaper, but when you factor in the reduced capital cost (gas plants cost between a quarter and a third what
coal plants of equivalent output do), the life - cycle costs point to gas, even in the absence of a price on carbon emissi
coal plants of equivalent output do), the life - cycle costs point to gas,
even in the absence of a
price on carbon emissions.
If those projections are
even remotely accurate, what do you think that will do to
coal and oil
prices?
Those
price differences have widened in recent months due to supply disruptions that pushed the
price of steelmaking
coal up over $ 300 per ton
even as thermal
coal prices where Alliance produces have remained around $ 50 per ton.
«Previous governments in Alberta and Ottawa offered to provide a subsidy of $ 779 milliontoward the $ 1.4 - billion
price tag for TransAlta's proposed
coal - fired carbon capture and storage project, but
even with taxpayers shouldering more than half the cost, there wasn't a viable business case and the project was shelved.
Even so,
coal prices remain stubbornly high, helping fuel a 115 % year - to - date gain in the Van Eck Vectors Coal ETF (K
coal prices remain stubbornly high, helping fuel a 115 % year - to - date gain in the Van Eck Vectors
Coal ETF (K
Coal ETF (KOL).
Yet the analysis shows that
even with higher gas
prices,
coal plants still fail to be economically competitive under the new greenhouse gas rule, which requires that fossil plants not exceed emission rates of 1,000 pounds of CO2 per megawatt - hour.
Adding a
price on carbon emissions at
even a «modest» level of $ 25 per ton would make new nuclear energy competitive with
coal and natural gas
even if the risk premium remains, the MIT study concludes.
Even without the environmental drive, new railways from mines to ports, falling investment in
coal - fired generation and slowing power demand growth could see China's miners export some of their surplus output at competitive
prices, hitting regional miners and the viability of new projects.
By calling for re-energizing CCS development, PCAST is making two judgments: 1) that the
coal industry is highly likely to remain competitive
even as it complies with EPA restrictions on emissions of SOx, NOx, Hg, and other toxics; and 2) that a substantial
price on carbon is highly likely to arrive in a time frame of relevance for a CCS development effort.
And,
even if those targets are met, greenhouse gas pollution may remain: Rising
prices for natural gas in the U.S. meant an uptick in
coal burning in 2013 — and an attendant 2 percent rise in CO2 from electricity production.
First identified by William Jevons in 1865 — when he noticed more efficient engines increased rather than reduced
coal use, as engines were put into more widespread use — the rebound effect for higher yields could see food
prices drop, encouraging greater consumption, more food waste and
even more conversion of habitats to farmland.
But is has some questionable elements: an interior that fits way too tight; an interior that has a design similar to the lowest of Honda offerings (the prominent parking brake button is the same as in the Honda HR - V); an interior that is as bright as a
coal mine -
even with the color accents; sticker run - up with weird and over
priced carbon fiber options; a cup holder than is less effective than a 911's though doesn't exhibit the effort of Porsche; no room for anything more than your wallet (the front compartment is filled with electrics / electronics).
Experts say that if we bought $ 50 to $ 200 billion worth of solar panels over the next 10 — 20 years, the
price of solar could come to down to the
price of natural gas and
even coal, not just in the U.S. but
even in developing countries like China, where
coal is especially cheap.
Once you remove government subsidies for
coal and place a market
price on carbon emissions,
coal is no longer «cheap»
even by market standards.
Even while they are running adds criticizing governor Sebelius's decision, Peabody Energy is already incorporating a shadow
price of carbon into their financial calculations when deciding if investments in new
coal - fired power plants are viable.
The value of doing this is clear: «Experts say that if we bought $ 50 to $ 200 billion worth of solar panels over the next 10 — 20 years, the
price of solar could come to down to the
price of natural gas and
even coal, not just in the U.S. but
even in developing countries like China, where
coal is especially cheap.»
Even if you trim off the ends of the curve of squalor and overindulgence, you end up with a huge energy gap, which may already be what is helping drive up oil and
coal prices (keep in mind most experts on fossil fuels I talk to see no signs of «peak
coal» any time soon).
But if natural gas continues growing at the pace it has, the
price will keep falling and
coal power will lose
even more market share and clout in Washington.
Sometimes seeing some turbines off in the distance (and in many cases they will be over the horizon, so they won't
even be visibile) is still a smaller
price to pay than to have
coal plants spewing out CO2, particulate matter, mercury, etc in the air that we and our kids breathe.
Coal consumption fell worldwide by 1.8 % last year
even as the
price slumped by 20 %, the latest BP statistics show.
«A better carbon
price could make a difference» and
even out the
coal and gas spreads, Wyns said.
Despite the low
price currently fetched for
coal overseas, Eaves said the company expects the international market to improve
even as domestic demand for
coal recedes.
The introduction of legislation to reduce the use of our resources and the steep rise in energy
prices (wind and solar in need of conventional sources for back - up will double or
even triple the electricity
price compared to
coal) will undermine our economies further.
Even though some of those
coal plants may receive higher capacity revenues as renewable penetration grows, those revenues might not be sufficient to compensate for lower energy
prices and volumes, Moody's says.
Low gas
prices are challenging not only
coal but renewables,
even as the shift from
coal to gas has U.S. carbon emissions on a steady downward track.
Compare new wind, for example, with new
coal —
even without
pricing externalities.
Carbon Clampdown: Closing the gap to a Paris compliant EU - ETS, warns that, in order to put EU emissions on a path consistent with international climate targets, the
price of traded carbon allowances, known as EUAs, would have to rise to levels that would make
even the most efficient
coal and lignite power plants unprofitable.
Harvey, in many cases when you compare the costs of new build power stations gas comes out cheaper than
coal even without a carbon
price.
Coal fired power plants can not sell their power to california
even with extortionary
prices to the california consumers initiated by deregulations.
Mr. Makansi and others say a result is that consumers, already paying more for electricity because the
price of
coal and especially natural gas is up, will pay
even more for new generating stations.
AGL says brown
coal can still spin off cash flow
even with a carbon
price of more than $ 50 / t, particularly as the cost of gas and black
coal is expected to increase dramatically in coming years.
It is far from clear whether Trump can do much more for
coal than remove most or
even all the climate - related regulations discouraging the use of
coal, and this may not have a huge effect since to date the major adverse effects of the «war on
coal» on raising electricity
prices have not yet occurred because of the Supreme Court's stay on the so - called Clean Power Plan.
Even with the 30 % credit, even with economy of scale on the installation price, the levelized cost of PV solar is estimated to be a decade or so away from matching coal or nuclear, and longer than that for matching natural
Even with the 30 % credit,
even with economy of scale on the installation price, the levelized cost of PV solar is estimated to be a decade or so away from matching coal or nuclear, and longer than that for matching natural
even with economy of scale on the installation
price, the levelized cost of PV solar is estimated to be a decade or so away from matching
coal or nuclear, and longer than that for matching natural gas.
However
even without a carbon
price (the most efficient way to reduce economy - wide emissions) wind energy is 14 % cheaper than new
coal and 18 % cheaper than new gas.»
If these actions lowered
prices sufficiently one could
even conceive of making the US the new Saudi Arabia of oil, natural gas, and
coal.
Public policy can't make Texas more densely populated (in the short or
even medium run) or cooler, but it could promote public transportation, increase gasoline and electricity
prices, and shift electricity production towards less carbon intensive alternatives to
coal.
That is,
even without factoring in
coal prices rising faster than inflation over the next 40 years.
Even if I concede the point that the reason for
price parity for wind are tax credits burning
coal produces a whole slew of emissions that wind does not.
In Germany,
coal demand declines
even as nuclear power is progressively phased out, with
coal use remaining highly sensitive to the relative
prices of
coal, natural gas and carbon dioxide (CO2).
And because China is highly cost sensitive,
even relatively small changes in
price could result in significant changes in
coal burning.
The firm
prices are due to robust use in India, Japan, South Korea and
even China, where
coal consumption has held up despite huge programs to boost the use of gas and renewable energy.
It's already causing hunger and
even starvation in poorer countries (the ethanol program driving up grain
prices) and deaths from freezing in Europe when people can't afford $ 100 / MMBtu ($ 10 / therm) natural gas and can't burn
coal during some of the coldest winters on record.
In the third quarter of this year,
coal prices rose nearly 30 %, but not because of Trump or
even natural gas.
As can be seen, the 58 % - efficient CCGT is already running ahead of a 43 % - efficient lignite plant from a carbon
price of $ 40 / t, while by contrast the 45 % - efficient CCGT is still uncompetitive against both 43 % - lignite and 46 %
coal even at a
price of $ 60 / t.
Industry experts realized that low wholesale electricity market
prices weren't going away any time soon and that
coal plants were now facing the prospect of never breaking
even,
even without additional environmental compliance obligations.
In the last few years it has made
even less given the rapid fall of oil,
coal, and natural gas
prices, which have made «green energy»
even less economically competitive with fossil fuels than it already was.
«The basic idea is that we have to establish a
price level for carbon in China, and I think that is the right step to take,» said Yang, adding: «I think the enormous local impacts of China's energy mix and dependence on
coal is becoming a huge push for China to take
even stronger climate mitigation action.»